Alamos Gold (TSE:AGI) Price Target Raised to C$12.00 at BMO Capital Markets

Alamos Gold (TSE:AGI) (NYSE:AGI) had its target price boosted by BMO Capital Markets from C$11.00 to C$12.00 in a research note released on Friday morning, BayStreet.CA reports.

AGI has been the topic of a number of other research reports. CIBC upped their price objective on Alamos Gold from C$9.00 to C$10.50 in a research note on Monday, July 15th. Raymond James reiterated a market perform rating and set a C$10.00 price objective on shares of Alamos Gold in a research note on Thursday. Canaccord Genuity upped their price objective on Alamos Gold from C$9.50 to C$11.00 in a research note on Friday, July 19th. Finally, National Bank Financial upped their price objective on Alamos Gold from C$9.00 to C$9.25 and gave the stock a sector perform rating in a research note on Tuesday, July 23rd. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of C$10.04.

TSE:AGI remained flat at $C$9.37 during trading hours on Friday. The company’s stock had a trading volume of 969,200 shares, compared to its average volume of 915,790. Alamos Gold has a 52-week low of C$3.88 and a 52-week high of C$9.52. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05. The stock’s fifty day moving average is C$8.19. The company has a market cap of $3.65 billion and a PE ratio of -62.05.

Alamos Gold (TSE:AGI) (NYSE:AGI) last announced its quarterly earnings data on Wednesday, May 1st. The company reported C$0.04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.04. The company had revenue of C$207.55 million for the quarter. On average, equities analysts predict that Alamos Gold will post 0.22 earnings per share for the current fiscal year.

Alamos Gold Company Profile

Alamos Gold Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. It also explores for silver and precious metals. The company's flagship project is the Young-Davidson mine, which includes contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada.

Recommended Story: S&P 500 Index

Analyst Recommendations for Alamos Gold (TSE:AGI)

Receive News & Ratings for Alamos Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamos Gold and related companies with's FREE daily email newsletter.